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Indian Rupee Crashes to All Time Low - Joe Blogs
In this video I discuss the ongoing decline in the value of the Indian Rupee, which has fallen to a new all time low, and the impact on the Indian Economy. India is now the world's 5th largest economy however very few countries are prepared to trade in Indian Rupees meaning that India is forced to trade in US Dollars, Chinese Yuan and UAE Dirhams. India is a net importer and a decrease in the value of its currency causes prices to rise and the Inflation data for November shows that inflation is now starting to take off which is bad news for the Indian Economy and also the value of the Rupee.
Chapters:
0:00 Intro
0:34 RUPEE
1:45 GDP
3:07 TRADE DEFICIT
3:29 INFLATION
4:19 SUMMARY & CONCLUSION